HangZhou Nbond Nonwovens Co., Ltd.

SHSE:603238 Stock Report

Market Cap: CN¥1.9b

HangZhou Nbond Nonwovens Dividend

Dividend criteria checks 4/6

HangZhou Nbond Nonwovens is a dividend paying company with a current yield of 2.75% that is well covered by earnings.

Key information

2.7%

Dividend yield

1.0%

Buyback Yield

Total Shareholder Yield3.8%
Future Dividend Yieldn/a
Dividend Growth20.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.300
Payout ratio56%

Recent dividend updates

No updates

Recent updates

HangZhou Nbond Nonwovens' (SHSE:603238) Solid Earnings Are Supported By Other Strong Factors

Apr 30
HangZhou Nbond Nonwovens' (SHSE:603238) Solid Earnings Are Supported By Other Strong Factors

HangZhou Nbond Nonwovens (SHSE:603238) Might Be Having Difficulty Using Its Capital Effectively

Apr 17
HangZhou Nbond Nonwovens (SHSE:603238) Might Be Having Difficulty Using Its Capital Effectively

HangZhou Nbond Nonwovens Co., Ltd.'s (SHSE:603238) 29% Price Boost Is Out Of Tune With Earnings

Mar 13
HangZhou Nbond Nonwovens Co., Ltd.'s (SHSE:603238) 29% Price Boost Is Out Of Tune With Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603238 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603238's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

HangZhou Nbond Nonwovens Dividend Yield vs Market
How does 603238 dividend yield compare to the market?
SegmentDividend Yield
Company (603238)2.7%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Luxury)3.2%
Analyst forecast (603238) (up to 3 years)n/a

Notable Dividend: 603238's dividend (2.75%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 603238's dividend (2.75%) is in the top 25% of dividend payers in the CN market (2.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.8%), 603238's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.4%), 603238's dividend payments are well covered by cash flows.


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